There are many great welcome bonuses available to Indian players. One of the best bonuses is the welcome bonus. So what is the welcome bonus? How to get a welcome bonus that offers the largest possible bonus amount with the best possible terms and conditions. Let’s take a look at all the important factors about the best welcome bonuses in this onlinegamblingindi.com‘s article.
What is a welcome bonus?
A welcome bonus is a type of game bonus that is given to new players who sign up on a betting site.
Welcome bonuses are great because the casino gives you a large amount of extra cash as well as free spins that you can play around with, without risking any of your own real money.
There are several different types of welcome bonuses that you can take advantage of, including deposit bonuses and casino signup bonus no deposit. Deposit bonus is the most common and popular type of welcome bonus in the Indian betting market. The deposit bonus is loved by players because it increases the value of the player’s bankroll and allows them to place more bets and potentially make more profits.
Regarding the operation of the deposit bonus, this bonus is unlocked when the player joins the betting site and makes the first deposit. For example, a website offers a 100% bonus and if you deposit 5,000 rupees, you will get 10,000 rupees to keep betting.
Most Indian bettors think that the deposit bonus is really great because it gives a huge amount of money for you to keep playing. Currently, most betting sites offer 100% match deposit bonuses as the welcome bonuses. So you can find this type of bonus at any casino site in India.
Free bets is a type of welcome bonus without deposit that allows you to place bets for free. When you place a bet with a free bet, the profits of the free bet are often yours to keep with no wagering requirements, while the initial free bet amount will be kept by the betting site.
For example, Royal Panda casino gives players a free bet worth Rs 1,000. You decide to place a bet on the IPL. Mumbai Indians to win over Rajasthan Royals at odds 1.50. If the bet is successful it would normally return Rs. 1,500 to your account. But because the bet was a free bet, it will only return Rs. 500, because the free bet amount of Rs. 1,000 will be kept by the betting site. In any case, you have made a profit of Rs. 500 without risking any of your own money. And the best part is, that Rs. 500 can be withdrawn to your personal bank account at your will. That is why so many players love free bet welcome bonuses.
Welcome Bonus Amount
Welcome bonus amount is the maximum bonus amount you can get when you first open an account and make a deposit. Depending on the betting site, you can receive different welcome bonus casinos. For example, on betting site Betway, they offer a welcome bonus of INR 2,500, while Parimatch offers up to INR 12,000 for a welcome bonus. As we can see, there are welcome bonuses available with both smaller and higher bonus amounts on each betting site.
However, the welcome bonus amount is not the only thing you should consider when placing a bet. You should also consider the wagering requirements associated with the bonus. Welcome bonuses can have really high payouts which often come with extremely tough wagering requirements.
Meanwhile, the low welcome bonus often comes with very favorable wagering requirements. It’s up to you to choose a welcome bonus large enough for your needs, while keeping the wagering requirements in mind
Minimum Deposit
Basically, the minimum deposit is the minimum amount that you need to deposit to unlock the bonus. Each welcome bonus has a different minimum deposit. For example, on Betway you only need about 200 INR for the minimum deposit to unlock the bonus, while on 4raBet you have to deposit 750 INR to unlock the bonus. In summary, the minimum deposit to get the welcome bonus ranges from INR 100 to INR 1,000.
Wagering requirements
It is the number of times the player has to bet, play through or roll over the bonus amount. If your welcome bonus has a wagering requirement of x5, that means you have to use the bet bonus amount 5 times.
So if you get a welcome bonus of Rs. 1,000, you need to bet that bonus until you have Rs. 5,000. Once that is done, the bonus has been wagered and can be withdrawn to your personal account. One of the lowest wagering requirements for players in India is that the Betway bonus must be wagered only 3 times.
Meanwhile, one of the highest wagering requirements is tied to the ComeOn welcome bonus, which must be wagered a total of 17 times. In general, other welcome bonuses fall somewhere in that range.
Minimum Odds
Minimum odds are a provision that forms part of the wagering requirements of a welcome bonus on any betting site. It basically means that your bet must be higher than a certain minimum odds, otherwise it will not be considered in the wagering requirements.
For example, for the 22Bet bonus, the minimum odd number is 1.40. This means that all bets with odds of 1.40 or higher will count towards the wagering requirement. Meanwhile, Rabona requires minimum odds of up to 2.0 and other bonuses fall somewhere in that range. For the Betway welcome bonus, the minimum odds are 1.75. The welcome bonus is constantly changing, but if we were to pick a winner today, we would include a welcome bonus from Betway.
>> See more: Best sign up bonus apps in India pick for 2022
